Qingyan Environmental Technology Co., Ltd. (SZSE:301288) announces a share repurchase program. Under the program, the company will repurchase up to CNY 40 million worth of its shares. The maximum price to be paid for repurchase will be 30.97 per share.

The repurchased shares will be used for the implementation of employee stock ownership plans or equity incentives. The program will be funded from the company's own funds. The plan will be valid for 12 months.

As of November 14, 2023, the company had 108,010,000 issued shares.